There is a great need in the dental industry to expand Human Resource Talent Management strategies, such as: assessment and evaluation; executive, leadership, and team coaching; workforce staffing; company philosophy alignment; talent and business strategy; self-awareness; inclusiveness; constructive culture; change and transition; leadership effectiveness; communication and emotional intelligence; high-performance teams development; employee engagement; and workforce planning and development.
Talent Management is a critical component of Human Resources for Dental Groups and Practices. What dental executives and practice owners do to lead optimization strategies and activities with and for their leadership teams and employees can be the differentiator for maintaining competitive advantage, increasing stakeholder satisfaction, leadership effectiveness, enhancing employee engagement, and maximizing business results and sustainability.
Numerous research studies have proven that executives and leaders around the globe are currently coping and dealing with unprecedented and challenging times – not just for their teams, but also for themselves. Three of the top and pressing issues are attracting and retaining the right talent, communications, and team cohesion. These issues, complicated by the pandemic, often result in reactive and negative behaviors that permeate throughout the organization. These behaviors look and feel like lack of trust, blaming and shaming, no commitment, delays and lags, no accountability, conflict, unengaged, disengaged, burned out, apathetic, lack of cohesiveness, miscommunications, sabotaging, procrastination, low productivity, neglect, and fear. These are known to be detrimental and rapidly create dysfunction, lower customer satisfaction, and increase risk and costs for the practice.
Understanding and being prepared for the future will require dental executives and leaders to innovate and open themselves and their organization to learning new and improved HR strategies, investing to create value and growth, and actively leading and engaging in influencing and motivating new talent management, and implementing optimization strategies to avoid negative business consequences.
Talent optimization is a Human Resource discipline business leaders use to align their people with their business strategy. It’s the best way to boost productivity, build a winning culture, and create the flexibility your company needs to adapt to change over time. Effective Talent Optimization requires 15 steps to galvanize your workforce for positing and lasting business results. (Predictive Index)
What we currently know about the state of Dentistry in the Pandemic and Talent Optimization:
- Dentist are experiencing lower patient volume, resulting in having to raise fees, change dental materials suppliers and labs, downsize dental teams, and reduce dental team hours in order to cope with the economic impacts of Covid-19. (Source)
- 93% of talent optimized companies prevented major financial loss during COVID (compared to just 76% of peers). (Source)
- 73% of companies are currently hiring, yet 55% of companies are struggling to attract and retain talent. (Source)
- The #1 skill employees feel their managers lack is communication. (Source)
- Teams are three times more likely to feel burned out when their managers do. (Source)
- 58% of employees with a burned-out manager are considering quitting within the next 12 months. (Source)
The great news is…Dental Executives and Dental Practice Leaders no longer need to remain stuck in the catastrophe of the pandemic. They can engage in proven talent management and optimization strategies that will catapult the business and its leadership and teams back into maximizing effectiveness, galvanizing engagement and high-performance, achieving collective results, and enjoying career and business success.
Here are 15 Steps to Consider for Talent Optimization:
- Measure What Matters (People Data)
- Analyze the Evidence
- Prescribe Improvement Actions
- Select Organization Structure
- Evaluate Leadership Team Fit
- Understand Leadership Team Dynamics
- Evaluate and Establish Your Culture
- Define and Communicate Job Requirements
- Equip Leaders to Land Top Talent
- Predict New Team Dynamics
- Determine Candidate Culture Fit
- Create New Jobs and Career Paths
- Develop Leaders, High-Potentials, and Emerging Leaders
- Create and Develop High-Performing Teams
- Reinforce A Constructive Culture
Talent Management and Optimization might seem like just a numbers game, but it doesn’t have to be. With a clear talent strategy in place, you can effectively lead your team with confidence, and know you’re making the right choices for your organization while creating value, growth, and opportunity – for yourself, your team, and your company, and your stakeholders.
Harris Whitesell Consulting, LLC., is a global management consulting firm headquartered in Wilmington, North Carolina. Harris Whitesell Consulting’s mission is to create valued partnerships based on trust, excellence, and impact – from assessment to action. Our team of certified and highly qualified Human Resource Executives and experts in Talent Management and Talent Optimization, maximize effectiveness and business success by working with people and businesses to accelerate value, optimize growth, and catapult opportunities for executives, leaders, and teams, while realizing organizational effectiveness and success! We Assess. We Coach. We Develop. We Advise. Click to learn more about our services, visit: www.harriswhitesellconsulting.com or give us a call (833) 848-7845.
